Unlock your employees’ potential with Vocational Support Coaching. Whether your company is a new startup or an established powerhouse in your field, on-going reflection and an intimate look into your employees, their happiness, their motivation, and their needs, will ensure you are always operating at peak efficiency and employing motivated, inspired, and engaged talent.

Our experienced Vocational Support Coaches work with you and your team to identify your strengths, interests, and goals, creating a personalized plan that aligns with your aspirations. We provide practical strategies and psychologically informed assessments to best understand your teams’ needs, how they process and learn new information and equip them with a new outlook to feel refreshed and motivated like never before.

With ongoing support and accountability, you will gain the confidence needed to navigate your company’s journey. Our approach emphasizes embedding with your company to help strengthen skill development, resilience, and adaptability, equipping you and your team for long-term success.

Invest in your company’s future today. Take the first step towards achieving your company’s long-term goals with Grey Matter Counseling & Consulting's Vocational Support Coaching.

Together, we can create a pathway to your success.

Flip through the slideshow below to gain a better understand of Vocational Support Coaching. Then scroll through the rest of the page to see how the whole process works.

Once you’re ready, fill out the form above to have us reach out, answer any questions you may have, and get you and your team started with Vocational Support Coaching today!

The Cost of Employee Turnover: Why Retention Matters

In today’s competitive business environment, the importance of retaining top talent cannot be overstated. While hiring new employees is necessary for growth and innovation, the cost of turnover is significant and often underestimated. See below for more about the statistics that highlight why employee retention should be a priority for every organization.

The Hidden Costs of Hiring

1. Financial Impact:

• The cost of replacing an employee can range from 50% to 200% of their annual salary (1). This includes expenses related to recruiting, onboarding, and training a new hire.

• For high-level positions, the cost can be even higher, potentially exceeding 400% of the annual salary (2).

2. Lost Productivity:

• It takes a new employee 1 to 2 years to reach the productivity level of an existing employee (3)

• During this time, companies often experience a decrease in output and efficiency, impacting overall business performance (3)

3. Cultural and Knowledge Loss:

• Departing employees take with them valuable institutional knowledge and relationships, which can take months or even years for new hires to rebuild (4).

• The disruption to team dynamics and company culture can also lead to decreased morale and engagement among remaining staff (4).

The Benefits of Retaining Talent

1. Cost Savings:

• “Hiring a new employee incurs a slew of additional costs that you won’t recoup for years to come.” (5).

• Long-term employees require less ongoing training and are more efficient, leading to higher overall profitability. (5)

2. Increased Employee Engagement:

• Employees who feel valued and see opportunities for growth are more engaged. Companies with high employee engagement report 21% higher profitability and 17% higher productivity than those with low engagement (6).

3. Improved Customer Satisfaction:

• Experienced employees deliver better customer service. Companies with high retention rates often enjoy higher customer satisfaction and loyalty (7).

• Consistency in staff allows for stronger relationships with clients, leading to repeat business and referrals (8).

What makes us special and equipped to do this?

• Licensed Clinical Professional Counselor (LCPC)

• Master’s in Clinical Mental Health Counseling from Northwestern University

• MBA from Iona University

• Nearly 20 years as a serial entrepreneur

• Found success in various fields and companies in the private sector, startup world, public sector and academia

• Faculty at Towson University teaching various classes including Industrial & Organizational Psychology

Here’s how it all works:

What you’ll receive for each employee we meet with.

• Every employee we meet with will have their results broken down into a infographic PDF file that you can add to their employee file

• Every bucket an employee can fall into with regards to Next Steps, each have their own support to ensure employees are successful in the next phase of their employment

References:

[1] The Cost of Replacing an Employee - Enrich Financial Wellness. (2016, January 14). https://www.enrich.org/blog/The-true-cost-of-employee-turnover-financial-wellness-enrich/

[2] Farnsworth, J. (2023, March 21). Everything You Need to Know About Employee Turnover. Stratus HR. https://stratus.hr/resources/employee-turnover 

[3] Bengfort, H. (2024, April 16). Employee retention: The real cost of losing an employee. PeopleKeep. https://www.peoplekeep.com/blog/employee-retention-the-real-cost-of-losing-an-employee 

[4] Reeves, M. (2024, May 15). Impact of Staff Turnover on Organizational Culture: A Guide for L&D: Together mentoring software. Together. https://www.togetherplatform.com/blog/staff-turnover-organizational-culture 

[5] Skillwork. (2021). Cost of hiring a new employee vs. retaining one. Cost of Hiring a New Employee vs. Retaining One. https://resources.skillwork.com/cost-of-hiring-new-employee-vs-retaining#:~:text=In%20short%2C%20when%20you%20retain,recoup%20for%20years%20to%20come. 

[6] White, A. (2022, June 9). 20 employee engagement statistics you need to know. HR Cloud. https://www.hrcloud.com/blog/20-employee-engagement-statistics-you-need-to-know#:~:text=A%20Highly%20Engaged%20Workforce%20Increases,companies%20with%20a%20disengaged%20workforce 

[7] Morelock, A. (2024, August 23). The unseen connection between employee retention and customer loyalty. Insight Global. https://insightglobal.com/blog/customer-retention-through-employee-retention/ 

[8] Franklin, A. (2024, July 23). What is customer satisfaction? definition + importance. Zendesk. https://www.zendesk.com/blog/3-steps-achieving-customer-satisfaction-loyalty/